TEHRAN – Iranian Ministries of Energy and Industry, Mining and Trade are going to sign a memorandum of understanding (MOU) within a week for collaboration in constructing 13 power plants for industrial units across the country. “This week or during the next week, a memorandum of understanding will be signed between the two ministers of […]

With the arrival of scorching summer, power outages have become frequent in Iran. Low precipitation, which its effects are seen in every part of the country, has exacerbated the situation. Mostafa Rajabi, spokesman for the electricity industry, has said low precipitation has led to a reduction in generating hydroelectricity. Add to this bitcoin mining that […]

TEHRAN – Iran’s First Vice President Es’haq Jahangiri on Saturday announced the cabinet’s new resolution for organizing systematic power outages for domestic and commercial subscribers and to prevent blackouts in the country, IRNA reported. As reported, in a meeting on July 7, the cabinet made some decisions based on the Energy Ministry proposals for reducing […]

TEHRAN- As announced by a provincial official, the value of exports from Iran’s northern Gilan province rose 24 percent during the first quarter of the current Iranian calendar year (Marc 21-June 21), as compared to the first quarter of the previous year. Farhad Dalqpoush, the head of Gilan’s Industry, Mining, and Trade Department, said that […]

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 26,569 points to 1.281 million on Tuesday. Over 7.356 billion securities worth 60.777 trillion rials (about $1.447 billion) were traded at the TSE on Tuesday. The first market’s index rose 21,708 points, and the second market’s index climbed 46,019 points. TEDPIX rose 43,000 points […]

TEHRAN –Iranian Industry, Mining, and Trade Minister Alireza Razm Hosseini inaugurated and commenced five major industrial projects in northeastern Khorasan Razavi Province during a two-day visit to the province on Saturday and Sunday, IRNA reported. Razm Hosseini who arrived in the mentioned province on Saturday inaugurated a washing machine production line, a tile and ceramic […]

TEHRAN- During a meeting between Iranian commercial attaché in Yerevan and Armenian Customs Authorities, the two sides explored the ways to remove the obstacles to boosting bilateral trade between Iran and Armenia. As reported by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), during the meeting it was emphasized on the reform of some […]

TEHRAN – Head of Iran Small Industries and Industrial Parks Organization (ISIPO) has said 428 development projects worth 129 trillion rials (about $3 billion) are currently underway in the country’s industrial parks and zones. “Currently, 3,212 production units based in industrial parks and zones are installing machinery and have a physical progress of more than […]

TEHRAN – Iranian President Hassan Rouhani said on Sunday that enough basic and strategic goods have been produced and imported into the country and there are no worries over the supply of such commodities, Mehr News Agency reported. “Basic and essential goods have been sufficiently produced and imported, and by solving supply and clearance problems, […]

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 10,923 points to 1.246 million on Saturday, which is the first day of Iranian calendar week. Over 6.946 billion securities worth 54.142 trillion rials (about $1.289 billion) were traded at the TSE on Saturday. The first market’s index dropped 11,752 points, and the second […]

TEHRAN- The head of Iran’s Road Maintenance and Transportation Organization (RMTO) announced that 3,500 kilometers of roads in the country’s rural regions will be asphalted under the framework of “Abrar Plan” by the end of the current Iranian calendar year (March 20, 2022). Dariyush Amani said that according to the mentioned plan, projects with a […]

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), dropped 5,432 points to 1.14 million on Tuesday. As reported, over 5.744 billion securities worth 41.754 trillion rials (about $994 million) were traded at the TSE on Tuesday. The first market’s index fell 5,533 points, and the second market’s index dropped 5,649 points. TEDPIX lost […]